Fidelity National Information Servcs (FIS) Reaches New 52-Week High and Low at $107.13

Fidelity National Information Servcs Inc (NYSE:FIS) reached a new 52-week high and low on Tuesday . The company traded as low as $107.13 and last traded at $107.12, with a volume of 72754 shares changing hands. The stock had previously closed at $105.98.

A number of equities research analysts recently weighed in on the company. Oppenheimer increased their price target on Fidelity National Information Servcs from $105.00 to $118.00 and gave the company an “outperform” rating in a research note on Wednesday, May 9th. Credit Suisse Group increased their price target on Fidelity National Information Servcs from $113.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, May 9th. Citigroup increased their price target on Fidelity National Information Servcs from $112.00 to $114.00 and gave the company a “buy” rating in a research note on Wednesday, May 2nd. ValuEngine upgraded Fidelity National Information Servcs from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd. Finally, Zacks Investment Research cut Fidelity National Information Servcs from a “buy” rating to a “hold” rating in a research report on Tuesday, April 10th. Two equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $111.75.

The company has a debt-to-equity ratio of 0.76, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a market capitalization of $35.04 billion, a price-to-earnings ratio of 24.21, a price-to-earnings-growth ratio of 1.69 and a beta of 0.91.



Fidelity National Information Servcs (NYSE:FIS) last posted its quarterly earnings data on Tuesday, May 1st. The information technology services provider reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.04. The firm had revenue of $2.07 billion for the quarter, compared to analysts’ expectations of $2.04 billion. Fidelity National Information Servcs had a return on equity of 14.98% and a net margin of 15.26%. The company’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.86 EPS. equities analysts expect that Fidelity National Information Servcs Inc will post 5.22 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 29th. Stockholders of record on Friday, June 15th will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Thursday, June 14th. Fidelity National Information Servcs’s dividend payout ratio (DPR) is currently 28.96%.

In other news, EVP Lenore D. Williams sold 7,843 shares of the stock in a transaction on Wednesday, May 16th. The stock was sold at an average price of $104.56, for a total transaction of $820,064.08. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 2.08% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in FIS. Virtu Financial LLC acquired a new stake in shares of Fidelity National Information Servcs during the 4th quarter worth $201,000. Bell & Brown Wealth Advisors LLC acquired a new stake in shares of Fidelity National Information Servcs during the 4th quarter worth $203,000. Penbrook Management LLC acquired a new stake in shares of Fidelity National Information Servcs during the 4th quarter worth $212,000. HBK Sorce Advisory LLC acquired a new stake in shares of Fidelity National Information Servcs during the 4th quarter worth $217,000. Finally, Tocqueville Asset Management L.P. acquired a new stake in shares of Fidelity National Information Servcs during the 4th quarter worth $235,000. 86.31% of the stock is currently owned by institutional investors.

Fidelity National Information Servcs Company Profile

Fidelity National Information Services, Inc operates as a financial services technology company in the United States and internationally. It operates through Integrated Financial Solutions and Global Financial Solutions segments. The Integrated Financial Solutions segment offers core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail solutions; corporate liquidity and wealth management services; item processing and output services; government payments solutions; and e-payment solutions.

Receive News & Ratings for Fidelity National Information Servcs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity National Information Servcs and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply